Report: Arts and culture bring $310 million to Downtown Brooklyn, Cultural District
An economic report released on Thursday by the Downtown Brooklyn Partnership (DBP) finds that cultural institutions in the Brooklyn Cultural District and greater Downtown Brooklyn generated nearly $310 million in economic activity in the borough last year.
The report, which analyzed data gathered by the Partnership and the Downtown Brooklyn Arts Alliance from 37 of the area’s 60 cultural institutions – including the Brooklyn Academy of Music (BAM), the Brooklyn Historical Society, and BRIC Arts | Media – shows that the Cultural District institutions drew 4.5 million visitors in 2013.
Talent and production staff that performed or worked at the institutions booked over 8,000 hotel stays in and around Downtown Brooklyn during the same time period, DBP said.
“The Brooklyn Cultural District is fueling a renaissance throughout Downtown Brooklyn,” Tucker Reed, president of DBP said in a statement. “New Yorkers want to live and work near world-class art, culture, and creativity. We are thrilled that Downtown Brooklyn is rapidly becoming New York City’s premier destination for all three. As this report makes clear, our cultural investments are enriching the lives of children throughout Brooklyn and serving as an engine for growth across our borough.”